Question

Rs 400
Reena goes to a shop to buy a radio, costing Rs 2568. The rate of value added
tax is 7%. She tells the shopkeeper to reduce the price of the radio to such an
extent that she has to pay Rs 2568, inclusive of value added tax. Find the
reduction needed in the price of the radio,

Answer 1

Answer:

Rs.168

Step-by-step explanation:

The reduction in the price of the radio =2568-2400

= Rs 168

Answer 2

Answer:

Final C.P. of a radio = Rs. 2568

Vol) 4G . LTE2

Rate of value-added tax = 7%

Let the price of the radio before adding VAT be Rs. “x".

According to the question,

x + (7% of x) = 2568

or, x + 7x/100 2568

or, x = 2568/ 1.07 = Rs. 2400

Thus, the reduction needed in the price of the radio = 2568 - 2400 = Rs. 168

Step-by-step explanation:

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